EFN`s ann: Efnet Signs ANZ for 13-Paid Service

EFTNET TECHNOLOGIES LIMITED 2000-04-18 ASX-SIGNAL-G
HOMEX - Perth
+++++++++++++++++++++++++
Payments solutions provider EftNet Technologies, signed an agreement
with ANZ for use of its new 13-PAID service. ANZ joins BankWest in
using the new 13-PAID service, which enables small businesses to
accept credit card payments over the phone. 13-PAID is expected to
find a significant market among Australia'0
s one million small
businesses.
13-PAID requires no outlay for eftpos equipment and apart from a $30
join-up fee, there are no other charges besides modest pay-as-you-use
fees.
Marc Abonnel, Managing Director of EftNet says:
"We are delighted to have ANZ on board. Like us,they have recognised
there's a huge group of potential users out there - from the
lawn-mower man to an electrician - who'd love to take plastic, but
haven't been able to - at least, not until now."
Brian0
Hartzer, Managing Director of Global Cards at ANZ says:
"In the past, small traders running low volume transactions have been
difficult for banks to service. But EftNet's 13-PAID service is a new
and highly cost effective system which we see as a growth
opportunity. It offers an ecommerce solution for small businesses
which complements ANZ's other ecommerce solutions for medium to large
organisations."
The 13-PAID system went live on the 26th March. It was launched at
the 0
MCG in front of 82,000 fans of Collingwood and Carlton, and a
national television advertising campaign hit the air.
M Abonnel
MANAGING DIRECTOR
1